Director, TDOQ Sourcing and Procurement

Director, TDOQ Sourcing and Procurement

About

Acadia is committed to turning scientific promise into meaningful innovation that makes the difference for underserved neurological and rare disease communities around the world. Our commercial portfolio includes the first and only FDA-approved treatments for Parkinson’s disease psychosis and Rett syndrome. We are developing the next wave of therapeutic advancements with a robust and diverse pipeline that includes mid- to late-stage programs in Alzheimer’s disease psychosis and Lewy body dementia psychosis, along with earlier-stage programs that address other underserved patient needs. At Acadia, we’re here to be their difference.

Responsibilities

• Develop global sourcing strategies/plans for TDOQ vendors in commercial supply chain, packaging and logistics, drug substance, drug formulation, quality assurance, analytical development.
• Proactively work with TDOQ business stakeholders including sr. executives to identify sourcing needs and ensure sourcing strategies align with business goals and enable efficiency & innovation.
• Assess, benchmark & negotiate existing key vendor contracts and conduct gap analysis.
• Collaborate with Finance FP&A team on vendor cost budgeting, forecasting, and saving validation.
• Assess industry trends, evolving technology such as AI in procurement to ensure continuous improvement of sourcing process automation.
• Collaborate with TDOQ team to establish vendor governance program including vendor optimization, risk assessment and operational performance evaluation process.

Requirements

• Proven leadership ability to manage large manufacturing and raw material vendor spend portfolios.
• Familiar with global supply chain and raw material vendors in a pharma environment, and demonstrate the success to map and develop international vendors by product portfolios.
• 12+ years of extensive sourcing experience with deep knowledge of vendors for commercial supply chain/drug formulation/APIs &excipients/packaging in a pharma/biotech firm.
• Strong negotiation and drug substance vendor benchmarking experience.
• Deep understanding of global supply chain vendor risks and ability to establish associated mitigation plans.
• Proficient procurement system knowledge of S2P(Coupa), CLM (Agiloft) and upcoming AI sourcing tools.
• Familiarity with sourcing saving report methodology and associated tools such as Smartsheet.
• BS/BA or equivalent combination of relevant education.
• Willing to go beyond and look for new innovative ways to bring in tangible results/savings.
• Ability to communicate and present sourcing strategies clearly to key stakeholders.
• Ensure compliance with corporate compliance SOP and policies.
• Available for up to 15% domestic or international travel as needed.

Salary: $178,000—$222,900 USD.

Location: San Diego, CA or Princeton, NJ.

Benefits: Competitive base, bonus, new hire and ongoing equity packages; Medical, dental, and vision insurance; Employer-paid life, disability, business travel and EAP coverage; 401(k) Plan with a fully vested company match 1:1 up to 5%; Employee Stock Purchase Plan with a 2-year purchase price lock-in; 15+ vacation days; 13 -15 paid holidays, including office closure between December 24th and January 1st; 10 days of paid sick time; Paid parental leave benefit; Tuition assistance.